Servpro

Founded: 1967   Franchising since: 1969
Founded in 1967 by Ted Isaacson, Servpro provides home and business owners with a variety of cleaning and restoration services. In the home, Servpro cleans upholstery, walls, furnishings and provides disaster protection. For businesses, the company cleans carpets, floors, HVAC systems and air ducts.

In case of fire and other disasters, Servpro cleans, restores and reconstructs carpets, hard surfaces and masonry.

801 Industrial Blvd. Gallatin, TN 37066

Franchisor has 180 employee(s); 7 employee(s) in franchise department.

Franchise Growth

Where Seeking Franchisees
Nationwide

Total investment: $100.3K-159.2K Franchise fee: $39K

Ongoing royalty fee: 3-10% Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	Yes
Startup Costs	Yes	Yes
Equipment	Yes	Yes
Inventory	Yes	Yes
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $60K
Business Experience:

• General business experience
• Marketing skills

Operations

• Franchise can be run from home
• 40% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 5 - 10
• Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: 2-1/2 weeks
• At franchisee's location: 1 week
• Business development program

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising
• Other marketing support: National accounts marketing

Franchise 500® rank:
#28 (2009); #28 (2008); #25 (2007); #43 (2006); #34 (2005);

Ranked #1 in category in:
2009; 2008; 2007; 2006; 2005;

Fastest-Growing Franchises:
#57 (2009); #66 (2008); #100 (2007); #74 (2006); #75 (2005);

Top home based franchises:
#3 (2009); #4 (2008); #4 (2007); #8 (2006); #8 (2005);